DangerRate

DangerRate

Outside bar + resistance -> short set up no trading advice

DangerRate Updated 

As per indications on the chart

DangerRate

Spring has just occurred. Waiting for breakout of triangle and retest of upper resistance, trap some buyers, retest lower support giving confidence to sellers already trapped in the spring, then breakout from consolidation. GL NOT TRADING ADVICE

DangerRate Updated 

Clear and perfect cup and handle pattern played out on the currency. The cup and the handle have been formed, but the breakout of the bull flag of the handle did not spread out in a parabolic manner to reach resistance breaking it. Thus, it does make me think that the support of 0.618 retracement could be tested again since no enough volume has been collected so...

DangerRate

EJ broke triangle, good possibility to long for a nice RR. Not trading advice

DangerRate Updated 

USDCAD setting up for a breakout. For a conservative trade, wait the break of trendline, retest and long. For an aggressive trade long now at support, since is above daily pivot and RSI is low. Be aware that is not above weekly pivot. Possible bear trap in next days, this is why SL is placed so low. GL

DangerRate

PA suggests a bullish flag on the Pair, the rejection and the support created allow a sustainable RR of more than 1:2. Pair can be longed now for target shown in the chart. It is likely that drops a little till the following support. Bullish bias remains. Not trading advice GL

DangerRate Updated 

Wait for the break of the neckline, retest on lower TF and short till support GL

DangerRate

As shown in the chart Not trading advice

DangerRate Updated 

As shown in the chart. Good Luck

DangerRate

Break of downtrend structure, retest of support and long till resistance

DangerRate Updated 

As per previuos idea attached, Gold most likely will close in bear today due to the friday hanging man candlestick; top is near, and before the big drop to 1610$, Gold can make a spike to 1765 till the upper trend line and create a pinbar this week to create the upper wick of the weekly candle. H4 TF is creating multiple hammer candlestick at support and...

DangerRate

Last Friday session has printed on a daily TF a bearish hanging man candlestick pattern, which, even though has a successful rate of 70%, could make a "wake up call" for buyers. Additionally the great weekly pin-bar printed two weeks ago makes me think that bullish pattern is coming to an end for the medium term, at least till end of June. On higher TF gold is...

DangerRate

Gold seems like entered in a correction wave (especially a Regular Flat pattern) which has begun on March 9th with the end of 5th motive wave at 1702$. The subsequent drop, enhanced by the coronavirus fear has drawn the A corrective wave, retracing exactly at the 4th impulsive wave. Regular Flat pattern forsee a 1.236 wave B respect of wave A which has been drawn...

DangerRate

Currently UC is showing two main patterns which in one case could lead to the same target: 1) Triangle (violet), in this case, due to the multiple rejection at the bottom of the triangle, I will wait to see if breaks out at the top or at the bottom, retest and buy/sell. 2) Downtrend Channel (white), in this case, Pairs will continue to fall. I'm on the fence...

DangerRate Updated 

Long at breakout of descending triangle. Target 1.125€ Not trading advice

DangerRate Updated 

Trade idea not trading advice

DangerRate Updated 

EU trade plan Not financial advice